Posted 5/25/2016 22:03 (#5320677 - in reply to #5319531) Subject: RE: Clay in your area what is the average
Around .017, if I do the equation the way I think you worded it. If I worded it a different way, using tonight's local cash corn bid and NASS 10-year average corn yields for the two counties I farm in, it would take between 35 and 40% of the crop to pay what I would consider to be normal rents around here.